Pia serves as a bridge between sales, clients, and the development team, ensuring that products are delivered on time and on spec. Since moving to Vancouver in 2005, she has been in project and client account management roles, including running web and print campaigns from inception to completion. She was the first production manager at Dig Media in 2008; she left briefly, but rejoined the company in 2011. She holds a Bachelor’s degree in journalism from the University of the Philippines.
Global Cobalt Corp. (TSXV:GCO) announced the following nominees for both Global Cobalt Corp and Global Energy Metals, to be proposed at the Annual General Special Meeting on July 17, 2015: (for Global Cobalt) Erin Chutter, Raymond Castelli, Peter Reynolds, Gaston Reymenants, Paul Sarjeant, Alexander Ordanian, Alexei Musteatsa, Julian Lowenfeld, Maximiliano Barrientos, Andrey Melnikov; (for Global Energy Metals) Erin Chutter, Raymond Castelli, Peter Reynolds, Gaston Reymenants, Paul Sarjeant.
Global Cobalt Corp. (TSXV:GCO) CEO Erin Chutter talks about the proposed spin-out named Global Energy Metals Corporation and says, “this is a really interesting opportunity for investors right now who are current Global Cobalt shareholders, or who become Global Cobalt shareholders within the next 3 or 4 weeks. They will actually receive shares in both companies which is an enormous opportunity for an investor interested in the energy metals space.”
Global Cobalt Corp. (TSXV:GCO) announced that the proposed spin-out company has been named Global Energy Metals Corporation, reflecting the strong focus on metals fundamental to the battery and energy sectors. Global Cobalt also confirmed that the effective record Date for Global Cobalt shareholders to receive Global Energy Metals shares is expected to be July 20, 2015.
Formation Metals Inc. (TSX:FCO) reported the filing on SEDAR of its technical report containing results of its Preliminary Economic Assessment for the Idaho Cobalt Project in Lemhi County, Idaho. Together with the SEDAR filing, Formation Metals has also commissioned metallurgical test work in January 2015.
Global Cobalt Corp. (TSXV:GCO) announced a non-brokered private placement or up to CAD $250,000, consisting of up to 5,000,000 units at $0.05 per Unit. Each Unit will be made up of one common share of Global Cobalt and one common share purchase warrant that entitles the holder to acquire an additional common share for 24 months after the closing date. at $0.07 per Warrant Share.
Global Cobalt Corp. (TSXV:GCO) entered into a binding agreement with largest shareholder Imperial Mining Holding Limited, for a lock up agreement and spin-out of certain North American mineral exploration projects to SpinCo, a newly incorporated company. However, as a condition of the terms, IMHL and its affiliates agreed to waive their rights to receive common shares, warrants and/or options in SpinCo. Global Cobalt’s Werner Lake property in Ontario and the Iron Creek property in Idaho will be transferred to SpinCo. The Karakul and Altai Sister properties in Altai Republic, Russia will be retained by Global Cobalt.
Formation Metals Inc. (TSX:FCO) was mentioned in an article on the Energy & Capital entitled, “Three Stocks for the Cobalt Bull Market”. The article mentions the current opportunity for growth and diversity in the cobalt market, and that Formation Metals is a company to watch because “its mines aren’t in the DRC, which means it will garner a higher price for its cobalt if there is a supply squeeze due to political unrest.”
Global Cobalt Corp. (TSXV:GCO) announced that it has settled its debt with a creditor whereby the Company has agreed to issue an aggregate of 564,997 common shares at a deemed price of $0.05 per share. The transaction is subject to the approval of the TSX Venture Exchange.
Global Cobalt Corp. (TSXV:GCO) directors have created an ad hoc committee for the strategic review of its existing properties and projects, business plan, development strategy and capital structure to ensure that shareholder value is protected. The Company is considering strategic and financial alternatives such as a settlement offer with Imperial Mining Holding Limited for the option agreement and loan agreement; an addition to portfolio of cobalt or strategic metals projects; and creating a new company focused on cobalt and other energy related metals. Global Cobalt cautions shareholders that there are no assurances or guarantees that discussions will result in any agreement.